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Stockholders' equity (Tables)
 9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Share repurchase program activity
Activity under our stock repurchase program, on a trade date basis, was as follows (in millions):
 
2017
 
2016
 
Shares
 
Dollars 
 
Shares*
 
Dollars
First quarter
3.4

 
$
555

 
4.7

 
$
690

Second quarter
6.2

 
1,006

 
3.9

 
591

Third quarter
4.4

 
769

 
4.4

 
747

   Total stock repurchases
14.0

 
$
2,330

 
12.9

 
$
2,028


* Shares do not foot due to rounding.
Components of accumulated other comprehensive income
The components of Accumulated other comprehensive income (loss) (AOCI) were as follows (in millions):
 
Foreign
currency
translation
 
Cash flow
hedges
 
Available-for-sale
securities
 
Other
 
AOCI
Balance as of December 31, 2016
$
(610
)
 
$
282

 
$
(138
)
 
$
(5
)
 
$
(471
)
Foreign currency translation adjustments
21

 
—

 
—

 
—

 
21

Unrealized gains
—

 
17

 
116

 
—

 
133

Reclassification adjustments to income
—

 
(131
)
 
49

 
—

 
(82
)
Income taxes
3

 
41

 
(7
)
 
—

 
37

Balance as of March 31, 2017
(586
)
 
209

 
20

 
(5
)
 
(362
)
Foreign currency translation adjustments
37

 
—

 
—

 
—

 
37

Unrealized gains
—

 
17

 
73

 
—

 
90

Reclassification adjustments to income
—

 
(330
)
 
47

 
—

 
(283
)
Other
—

 
—

 
—

 
(1
)
 
(1
)
Income taxes
(2
)
 
112

 
(40
)
 
—

 
70

Balance as of June 30, 2017
(551
)
 
8

 
100

 
(6
)
 
(449
)
Foreign currency translation adjustments
38

 
—

 
—

 
—

 
38

Unrealized gains
—

 
65

 
41

 
—

 
106

Reclassification adjustments to income
—

 
(140
)
 
(26
)
 
—

 
(166
)
Other
—

 
—

 
—

 
6

 
6

Income taxes
3

 
25

 
(6
)
 
—

 
22

Balance as of September 30, 2017
$
(510
)
 
$
(42
)
 
$
109

 
$
—

 
$
(443
)
Reclassifications out of accumulated other comprehensive income
The reclassifications out of AOCI and into earnings were as follows (in millions):
 
 
Amounts reclassified out of AOCI
 
 
 
 
Three months ended
September 30,
 
 
Components of AOCI
 
2017
 
2016
 
Line item affected in the Condensed
Consolidated Statements of Income
Cash flow hedges:
 
 
 
 
 
 
     Foreign currency contract (losses) gains
 
$
(2
)
 
$
67

 
Product sales
     Cross-currency swap contract gains (losses)
 
143

 
(1
)
 
Interest and other income, net
     Forward interest rate contract losses
 
(1
)
 
(1
)
 
Interest expense, net
 
 
140

 
65

 
Income before income taxes
 
 
(49
)
 
(27
)
 
Provision for income taxes
 
 
$
91

 
$
38

 
Net income
Available-for-sale securities:
 
 
 
 
 
 
     Net realized gains
 
$
26

 
$
23

 
Interest and other income, net
 
 
(5
)
 
(8
)
 
Provision for income taxes
 
 
$
21

 
$
15

 
Net income
 
 
Amounts reclassified out of AOCI
 
 
 
 
Nine months ended
September 30,
 
 
Components of AOCI
 
2017
 
2016
 
Line item affected in the Condensed
Consolidated Statements of Income
Cash flow hedges:
 
 
 
 
 
 
     Foreign currency contract gains
 
$
88

 
$
242

 
Product sales
     Cross-currency swap contract gains (losses)
 
514

 
(143
)
 
Interest and other income, net
     Forward interest rate contract losses
 
(1
)
 
(1
)
 
Interest expense, net
 
 
601

 
98

 
Income before income taxes
 
 
(213
)
 
(39
)
 
Provision for income taxes
 
 
$
388

 
$
59

 
Net income
Available-for-sale securities:
 
 
 
 
 
 
     Net realized losses
 
$
(70
)
 
$
(30
)
 
Interest and other income, net
 
 
(7
)
 
—

 
Provision for income taxes
 
 
$
(77
)
 
$
(30
)
 
Net income